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EU flags waving in front of European Parliament building. Brussels, Belgium

Annual rate pegged at 4.3% this month, a drop from 5.2% in August

US money and graph

Latest report raises speculation that the Fed will leave interest rates unchanged at its next meeting

Canadian money

Services-producing industries gained 0.1% in the month, goods-producing industries contracted 0.3%

dollars and credit cards

Households to curtail spending amid softer labour markets, easing wage growth

Federal Reserve building

The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes

Flag of the European Community in front of the Eurotower in Frankfurt am Main

The ECB this month raised its benchmark deposit rate to an all-time high of 4%

The Bank of England.

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

Federal Reserve building

Policymakers made clear Wednesday that they aren't close to declaring victory over the worst bout of inflation in 40 years

Speechless

Governing council said holding rates steady was the right decision for now, but worried about misinterpretation

Consumer woes

RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't

  • By: Staff
  • September 20, 2023 September 20, 2023
  • 11:41